Sensex surges 1,695 points on peace hopes
Sensex surged 1,695 points to 75,528 on West Asia peace hopes, crude below $90. Rupee strengthened to 95.11/$. Investors richer by Rs 9.7 lakh crore.
Category : Business
Air India Slows Expansion, Defers Deliveries to Cut Losses
Air India, under Tata Group's direction, is deferring aircraft deliveries, cutting flights, and postponing expansion to reduce record losses of about $3 billion annually.
Air India Crash: Kin Question Compensation Clause
A year after the Air India crash, some victims' families decline 'full and final' settlement, questioning compensation fairness and seeking accountability.
NMDC in Dock Over Environmental Violations at Ballari Mine
NMDC is under investigation for violating environmental conditions at its Ballari mine, including non-compliance with the 2004 Environment Clearance. Authorities are reviewing the lapses.
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India's Retail Inflation Rises to 3.93% in May
India's retail inflation rose to 3.93% in May from 3.48% in April, driven by broad-based pressures. Experts warn of further increases due to fuel prices, currency depreciation, and global conflicts.
Parliamentary Panel Hears Views on Self-Reliant Power Sector
The Parliamentary Standing Committee on Energy heard Power Ministry and NEEPCO officials on building an Atmanirbhar power sector, focusing on renewable energy and 24x7 supply in northeast India.
NPPA approves 50% hike in prices of two key cancer drugs
NPPA has approved a 50% increase in ceiling prices of Carboplatin and Cisplatin injections to address shortages and rising raw material costs, ensuring continued availability of these critical cancer medicines.
Ultraviolette Plans 1.5 Lakh Unit Capacity, Eyes IPO
Electric two-wheeler startup Ultraviolette plans to ramp up manufacturing capacity to 1,50,000 units in 6-8 months from 30,000 units, driven by domestic and global demand. The company is also building a new facility in Karnataka and expects a five-fold re
SpaceX IPO: Elon Musk Nears Trillionaire Status
SpaceX launches historic $75 billion IPO, valuation near $1.8 trillion. Elon Musk on track to become world's first trillionaire as stock debuts under ticker SPCX.
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GBA Chief Maheshwar Rao Urges Timely Infrastructure Projects
GBA chief M Maheshwar Rao instructs officials to adhere to timelines for major infrastructure projects, emphasizing clear schedules and adequate resources.
Bengaluru North Corp Inspects Building Projects Against Unauthorised Work
Bengaluru North Corporation officials will inspect ongoing building projects to prevent unauthorised construction, aiming to reduce disposal time for approvals.
UP Skill Mission, NSE Partner for Financial Literacy of 1.5 Lakh Youth
The UP Skill Development Mission and NSE signed an MoU to provide financial skill training to over 1.5 lakh youth across 1,000 centers, integrating financial awareness with vocational training.
UP emerges as new hub for global capability centres
Uttar Pradesh's GCC policy and cost advantages attract multinationals, with cities like Lucknow emerging as new hubs for global capability centres beyond Noida.
Maharashtra govt to document Marathi musical theatre history
Maharashtra govt launches Rs 1.28 crore project to preserve Marathi musical theatre history through a three-volume publication covering 1911-2020.
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GMR to Take Over Nagpur Airport on June 25
GMR Nagpur International Airport Ltd will take over Dr Babasaheb Ambedkar International Airport on June 25, with handover in final stages. Expansion plans include new terminal and runway by 2029.
Central Gujarat Exports Surge to Rs 56,084 Crore
In 2025, industries in Vadodara and Central Gujarat imported raw materials worth Rs 42,830 crore and exported goods worth Rs 56,084 crore under the Union govt's advance authorization scheme, boosting the region as an export hub.
Gujarat revises investment thresholds for industrial policy
Gujarat government redraws investment thresholds for micro, small, medium, large, mega, and ultra mega industries in its upcoming industrial policy to attract more investors.
Hitachi Energy invests Rs 2,000 crore in Gujarat plant
Hitachi Energy India Ltd will invest around Rs 2,000 crore to set up a large power transformer facility in Vadodara, boosting India's power equipment manufacturing sector.
NHAI warns contractor on expressway renovation, sets June 30 deadline
NHAI has issued a final notice to the contractor for the 28-km Delhi-Gurgaon expressway renovation, warning of replacement if progress is not substantial by June 30. Only 25% work completed in eight months.
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Noida AC Bus Service to Airport Launches from Botanical Garden
Noida's new air-conditioned bus service from Botanical Garden Metro to Noida International Airport via Pari Chowk launched with fares starting at Rs 20, offering commuters a comfortable and affordable travel option.
Noida Airport Runway Land Error Fixed in 2023
Noida International Airport's runway was almost lost due to a land calculation error. 40 acres missing from original plans were acquired in 2023, ensuring the June 15 takeoff.
Chandigarh Power Demand Drops to 292MW After Rain
Chandigarh's electricity demand fell sharply from a season-high 421MW to 292MW after rain and cooler temperatures, marking a significant drop following weeks of intense heat.
Trainer loses Rs 1.5 lakh in investment fraud
A 35-year-old personal trainer was duped of Rs 1.5 lakh by a man promising 2% monthly returns and repayment by June 2026. The accused claimed to deal in used vehicles and motor parts.
Chandigarh auctions all 97 liquor vends for 2026-27
Chandigarh UT administration auctions all 97 retail liquor vends for 2026-27, achieving full allotment for first time in a decade with bids totalling ₹563.78 crore.
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Mohali Mayor Vows to Resolve Trader Issues, Boost Infrastructure
Mohali mayor Sarabjit Singh Samana assured traders of addressing market issues, emphasizing improved civic infrastructure at a Traders' Association meeting in Phase 7.
Ahmedabad developers meet June 15 on possible property price hike
Real estate developers in Ahmedabad will meet on June 15 to discuss a potential 5-7% price hike on under-construction properties due to rising input costs from the West Asia conflict.
Bulandshahr Eyes Land Boom with New Noida, Airport
Landowners in Bulandshahr anticipate windfall gains as the proposed Dadri-Noida-Ghaziabad Investment Region (New Noida) and Noida International Airport drive land prices beyond government acquisition rates.
India can repay 94% foreign debt in one day: Fadnavis
Maharashtra CM Devendra Fadnavis says India can repay 94% of its foreign debt in a single day, highlighting economic strength and growth.
Gold Biscuits Worth Rs 4.3 Crore Seized at Ahmedabad Airport
Customs officials at Ahmedabad airport seized 24 gold biscuits weighing 2.8 kg, valued at Rs 4.3 crore, concealed in an aircraft lavatory speaker box. Investigation underway.
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Tamil Nadu Kuruvai Package Fails to Soothe Distressed Farmers
Tamil Nadu announces Rs 134.83 crore kuruvai package, but farmers are distressed as Mettur dam water release is delayed due to low storage, threatening paddy cultivation.
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